News of New York

Peloton (PTON) Revamps Brand Identity: From Luxury to Accessible Fitness for All
19 June 2023
4099
Peloton's Bold Rebranding Peloton (NASDAQ:PTON) has undergone ups and downs in recent years. The COVID-19 pandemic led to a surge in sales as people sought at-home exercise options. Now, Peloton aims to rebrand itself by shifting focus to the more a...
Amazon unveils new gadgets
30 September 2021
3585
New products from Amazon Amazon (AMZN) on Tuesday unveiled a host of new consumer electronics gadgets, including a robotic pet, a home drone, an Amazon Glow projection gadget for children, a new Echo Show 15 display, which the company call...
Peloton shares down 6%
28 August 2021
3792
Peloton forecasts and statement Peloton (PTON) reported a worse quarterly loss than analysts expected and also gave a weaker outlook for the current quarter. Investors should not expect profitability from Peloton before 2023. Pe...
Peloton sees offices as a new source of revenue
22 June 2021
7513
Offices as a new source of income Peloton shares could get a new round of growth as the fitness company, which benefited from the COVID-19 pandemic, now intends to turn a return to offices into its advantage rather than an obstacle. Peloton (PTON) ...
Peloton shares down 15% as company recalled all its treadmills
6 May 2021
4575
Peloton business Peloton has recalled all of its treadmills, which generate the biggest revenue stream, due to an accident in which a child died and dozens were injured. Analysts are giving different forecasts for Pelot...
Peloton shares down 6.6%
19 April 2021
4686
Safety investigation Peloton is facing pressure from the US Consumer Product Safety Commission (CPSC) as several children have been injured and one child has died due to an accident involving Peloton Trea...
Facebook may release a smart watch by 2022
17 February 2021
3776
Smart watch Facebook is developing a smartwatch, reportedly to be able to be used as a standalone talking device and will initially come with Google's Android OS. Facebook (FB) is in the process of developing a smartwatch that will be a competitor ...
American stock indices rose 0.3-0.6%
8 February 2021
3897
Rising value of indices The US stock market surged in trading on Friday, with the S&P 500 and Nasdaq indices reaching record highs. By the end of last week Dow Jones indicator rose by 3.9%, the highest since the week ended November 13, notes Mar...
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